IFRS

Arun Jaitley while announcing the Budget 2014 announced that there is an urgent need to converge the current Indian Accounting Standards with the International Financial Reporting Standards (IFRS). He also…
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A business combination is the bringing together of separate entities or businesses into one reporting entity. The Result of nearly all business combinations is that one entity i.e. the acquirer…
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Without weighing in on when — or if — the Securities and Exchange Commission will incorporate international financial reporting standards (IFRS) into the financial reporting system for U.S. issuers, the…
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Among recent significant developments in the Corporate World are the Adoption/ Convergence to the International Financial Reporting Standards (IFRS). Although due to Recession, the senior management's focus was temporarily diverted…
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